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$349,900

3707 MICHIGAN Avenue, Chicago, IL 60653
6 Beds3 Baths33 days
3707 MICHIGAN Avenue·Chicago, IL 60653
6Bedrooms
3Bathrooms
1948Year Built
About This Home

DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.

MLS# 12049861Listed May 7, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms12

Size & Structure

Year Built1948
Lot Size46X48

Location

CountyCook
TownshipSouth Chicago
Zip Code60653

Financial

List Price$349,900
Annual Taxes (2022)$3,950
Monthly Tax Est.$329
Parcel #17343150070000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Patio & Porch

Porch
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake MichiganPublic
Tax & Financial
Annual Taxes
$3,950
Tax Year 2022
Monthly Tax Est.
$329
per month
Property Location

3707 MICHIGAN Avenue, Chicago, IL 60653Cook County

$349,900
3707 MICHIGAN Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
33 days on market
46X48
$3,950/yr taxes
$2,168
estimated monthly payment
Principal & Interest
$1,839/mo
Property Tax
$329/mo
$349,900
20% — $69,980
3%50%
6.875%
3%12%
Loan Amount
$279,920
Down Payment
$69,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
HomeSmart Realty Group
Agent: James Kolar
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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